EDGE board members on Wednesday approved tax break incentives for Barnhart Crane and Old Dominion freight line.
Nearly 200 jobs will be created by the two companies over a nine-year period.
Memphis and Shelby County directors say projects like these provide jobs, which bring in more revenue than the tax breaks companies receive.
According to the EDGE deal, both businesses must participate in the prisoner re-entry initiative, which helps former convicts get into the workforce.
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